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Cryptocurrencies are growing their track records of holding and are rising in price over time. The crypto market faces lots of uncertain dips or highs. Different lesser-known cryptocurrencies are very speculative and unpredictable. People usually stick to Bitcoin or Ethereum, but knowing and exploring other cryptos can also be interesting.
Experts in the Coinhouse keep you informed about every little detail of cryptos. With the help of them, you can easily buy crypto and make the right choices to invest. There are various types of cryptocurrencies available, but most of them have imprecise potential and very little value.
If you are confused and want to know all about the different kinds of cryptos ranging from Bitcoin to Dogecoin, here is the list of different cryptos as per their market capitalization and current values.
Bitcoin (BTC)
Bitcoin was the very first cryptocurrency in the world. It is considered to be one of the best cryptos since 2008. Bitcoin has its own blockchain, and it works with a group of decentralized miners. As per the latest report, Bitcoin has the largest market capitalization, worth US$900 billion. This crypto is kept safe and secure from fraudulent activities. Today, Bitcoin has established its identity in the crypto world. And most people, when referring to cryptocurrency, are referring to Bitcoin.
Ethereum (ETH)
Ethereum is a cryptocurrency as well as a blockchain platform, which is mostly liked by the program developers. This is because Ethereum has the potential to automatically execute its decentralized app and smart contracts whenever the conditions meet, without any fraud, interference, or downtime. The main aim of Ethereum is to build a decentralized suite for financial aspects that people can freely get access to.
Ethereum was launched in 2015 and is known to be the second-largest digital currency. It has a market capitalization of US$150 billion. Currently trading at $1200 per ETH.
Tether
Tether is one of the stable cryptocurrencies. This crypto has a goal to attain a spike in its market value and is functioning to reduce its volatility. Tether is directly linked with the US dollar price, which makes it convenient to transfer and convert the cryptos of other countries into US dollars.
Tether was launched back in 2014, and it is a blockchain-enabled platform that aims to make fiat currency use easier and digital. If you are investing in Tether, you are needed to use a blockchain network to transact your digital currencies. Tether is the third-largest market capitalization in the crypto world, worth US$70 billion.
Dogecoin
Dogecoin, popularly known as the memecoin, popped up in 2021, as the price of this crypto sparked up. This coin has the avatar of Shiba Inu and is accepted by various companies as a form of payment. Dogecoin was first created by software engineers in 2013, and since then, it has been a wonderful journey for Dogecoin. As per the latest report, Dogecoin has a market capitalization of around $20 billion.
Hence, these are the different types of cryptocurrencies that you can invest in. No matter if you are a seasonal investor or regular, you can always start investing and buy crypto today itself on Coinhouse.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.